The document discusses using Fibonacci arc analysis to identify major reversals in trends. It notes that major swing reversals from low to high or high to low often occur within the 50% to 75% range of the Fibonacci arc measured from 144 trading days. The arc helps identify potential reversal areas based on Fibonacci ratios and past price action.
The document discusses using Fibonacci arc analysis to identify major reversals in trends. It notes that major swing reversals from low to high or high to low often occur within the 50% to 75% range of the Fibonacci arc measured from 144 trading days. The arc helps identify potential reversal areas based on Fibonacci ratios and past price action.
The document discusses using Fibonacci arc analysis to identify major reversals in trends. It notes that major swing reversals from low to high or high to low often occur within the 50% to 75% range of the Fibonacci arc measured from 144 trading days. The arc helps identify potential reversal areas based on Fibonacci ratios and past price action.